10 April 2024
Solid State
plc
("Solid
State", the "Group" or the "Company")
PCA
Dealings
Solid State plc (AIM: SOLI), the
specialist value-added component supplier and design-in
manufacturer of computing, power, and communications products,
announces that Lynette Richards, wife of Matthew Richards,
Executive Director, has transferred ordinary shares of 5p each
("Ordinary Shares") from
her personal holding to her ISA through the sale and subsequent
repurchase of 1,500 Ordinary Shares.
Further detail is set out
below.
For
further information please contact:
|
Solid State plc
Gary Marsh - Chief
Executive
Peter James - Group Finance
Director
|
Via Walbrook
|
|
Cavendish Capital Markets Limited (Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson
(Corporate Finance)
Jasper Berry / Tim Redfern (Sales /
ECM)
|
020 7397 8900
020 7220 0500
|
|
Walbrook PR (Financial
PR)
Tom Cooper / Nick Rome / Joe
Walker
|
020 7933 8780
0797 122 1972
solidstate@walbrookpr.com
|
Analyst Research Reports:
For further analyst information and research see
the Solid State plc website:
https://solidstateplc.com/research/
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Lynette Richards
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Wife of Matthew Richards, Executive
Director of Solid State plc
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Solid State plc
|
|
b)
|
LEI
|
213800QUHS9QTN5T1P62
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5p
each
GB0008237132
|
|
b)
|
Nature of the transaction
|
Transfer of ordinary shares to ISA
via sale and subsequent repurchase (Bed and ISA)
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
Sale
|
1336.1p
|
1,500
|
|
Purchase
|
1338p
|
1,500
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
|
e)
|
Date of the transaction
|
8 April 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
Notes to Editors:
Solid State plc (SOLI) is a value
added electronics group supplying commercial, industrial and
defence markets with durable components, assemblies, manufactured
units and power units for use in specialist and harsh
environments. The Group's mantra is - 'Trusted
technology for demanding environments'. To see an
introductory video on the Group - https://bit.ly/3kzddx7
Operating through two main
divisions: Systems (Steatite, Active Silicon & Custom Power)
and Components (Solid State Supplies, Pacer, Willow Technologies
& AEC); the Group specialises in complex engineering challenges
often requiring design-in support and component sourcing for
computing, power, communications, electronic, electro-mechanical
and opto-electronic products.
Headquartered in Redditch, UK, Solid
State employs approximately 400 staff across the UK and US, serving
specialist markets with high barriers to entry in industrial,
defence and security, transportation, medical and
energy.
Solid State was established in 1971
and admitted to AIM in June 1996. The Group has grown
organically and by acquisition - having made three acquisitions in
the last three years.